(VIANEWS) – Essent Group Ltd. (ESNT), Hyster (HY), The Travelers Companies (TRV) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. Essent Group Ltd. (ESNT)
14% sales growth and 14.69% return on equity
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. The company was founded in 2008 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Essent Group Ltd. has a trailing twelve months EPS of $6.23.
PE Ratio
Essent Group Ltd. has a trailing twelve months price to earnings ratio of 8.89. Meaning, the purchaser of the share is investing $8.89 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.69%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.1%, now sitting on 1.03B for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 29, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 1.83%.
Moving Average
Essent Group Ltd.’s value is higher than its 50-day moving average of $50.97 and way higher than its 200-day moving average of $47.92.
Yearly Top and Bottom Value
Essent Group Ltd.’s stock is valued at $55.39 at 00:22 EST, below its 52-week high of $55.99 and way above its 52-week low of $36.53.
2. Hyster (HY)
10.9% sales growth and 48.4% return on equity
Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. It also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, the company produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, it designs, manufactures, and sells hydrogen fuel-cell stacks and engines. The company serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. Hyster-Yale Materials Handling, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Hyster has a trailing twelve months EPS of $6.28.
PE Ratio
Hyster has a trailing twelve months price to earnings ratio of 10.58. Meaning, the purchaser of the share is investing $10.58 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 48.4%.
3. The Travelers Companies (TRV)
10.6% sales growth and 10.95% return on equity
The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. It operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers' compensation, commercial automobile and property, general liability, commercial multi-peril, employers' liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products. This segment operates through select accounts, which serve small businesses; commercial accounts that serve mid-sized businesses; national accounts, which serve large companies; and national property and other that serve large and mid-sized customers, commercial trucking industry, and agricultural businesses, as well as markets and distributes its products through brokers, wholesale agents, and program managers. The Bond & Specialty Insurance segment provides surety, fidelity, management and professional liability, and other property and casualty coverages and related risk management services through independent agencies and brokers. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners' insurance to individuals through independent agencies and brokers. The Travelers Companies, Inc. was founded in 1853 and is based in New York, New York.
Earnings Per Share
As for profitability, The Travelers Companies has a trailing twelve months EPS of $12.78.
PE Ratio
The Travelers Companies has a trailing twelve months price to earnings ratio of 16.76. Meaning, the purchaser of the share is investing $16.76 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.95%.
Sales Growth
The Travelers Companies’s sales growth is 13.1% for the present quarter and 10.6% for the next.
Volume
Today’s last reported volume for The Travelers Companies is 853708 which is 40.51% below its average volume of 1435080.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 6, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 1.89%.
4. Mid Penn Bancorp (MPB)
8.2% sales growth and 7.08% return on equity
Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and IRAs. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities, and local government loans. In addition, the company offers online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes; and trust and wealth management services. As of December 31, 2020, it operated thirty-six full service retail banking locations in Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Millersburg, Pennsylvania.
Earnings Per Share
As for profitability, Mid Penn Bancorp has a trailing twelve months EPS of $2.29.
PE Ratio
Mid Penn Bancorp has a trailing twelve months price to earnings ratio of 9.34. Meaning, the purchaser of the share is investing $9.34 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.08%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 8.6% and positive 120.7% for the next.
5. Copa Holdings, S.A. Copa Holdings, S.A. (CPA)
6% sales growth and 24.37% return on equity
Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 104 daily scheduled flights to 54 destinations in 25 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2020, it operated a fleet of 77 aircraft comprising 70 Boeing 737-Next Generation aircraft and 7 Boeing 737 MAX 9 aircraft. Copa Holdings, S.A. was founded in 1947 and is based in Panama City, Panama.
Earnings Per Share
As for profitability, Copa Holdings, S.A. Copa Holdings, S.A. has a trailing twelve months EPS of $9.96.
PE Ratio
Copa Holdings, S.A. Copa Holdings, S.A. has a trailing twelve months price to earnings ratio of 9.32. Meaning, the purchaser of the share is investing $9.32 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.37%.
Moving Average
Copa Holdings, S.A. Copa Holdings, S.A.’s worth is below its 50-day moving average of $97.42 and below its 200-day moving average of $98.53.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.2%, now sitting on 3.43B for the twelve trailing months.
